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IO-Link Market Technologies Market outlook to 2027 | Industry Top Key Players – Siemens AG, Balluff GmbH, ifm electronic gmbh, SICK AG, Rockwell Automation, Festo AG & Co. KG., OMRON , Banner Engineering , Hans Turck GmbH & Co. KG, and Datalogic S.p.A

01-14-2019 05:13 AM CET | IT, New Media & Software

Press release from: Premium Market Insights

IO-Link Market Global Outlook 2027 |Premium Market Insights

IO-Link Market Global Outlook 2027 |Premium Market Insights

IO-Link is a short distance, digital, bi-directional, point-to-point communication protocol intended to be used in automation technology by connecting digital sensors and actuators to either an Ethernet communication protocol or a high-level fieldbus. It delivers the data from these sensors which can be utilized for monitoring that in turn helps in enhancing the resources being used in the various industries.

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Companies Covered in this Report are:

1. Siemens AG
2. Balluff GmbH
3. Ifm Electronic GmbH
4. SICK AG
5. Rockwell Automation Inc.
6. Festo AG & Co. KG.
7. OMRON Corporation
8. Banner Engineering Corporation
9. Hans Turck GmbH & Co. KG
10. Datalogic S.p.A.

The growing focus on optimizing resources, increasing efficiency and reducing production costs, growth in digital industrial technology, government initiatives towards the adoption of industrial automation are the significant factors driving the growth of the market. Moreover, availability of cloud interface in IO-Link and launch of IO-link safety specification in 2017 is expected to provide significant opportunities for the IO-link market in the forecast period. However, lack of standardization and the usage limitations of IO-link's in high-speed applications is anticipated to hamper the growth of the IO-link market.

The "Global IO-Link Market Analysis to 2027" is a specialized and in-depth study of the IO-link market with a focus on the global market trend. The report aims to provide an overview of the global IO-link market with detailed market segmentation by the component, application, industry, and geography. The global IO-link market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the IO-link market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global IO-link market based on the component, application, and industry. It also provides market size and forecast till 2027 for overall IO-link market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the market in these regions.

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Table of Contents

1. INTRODUCTION
2. KEY TAKEAWAYS
3. IO-LINK MARKET LANDSCAPE
4. IO-LINK MARKET - KEY INDUSTRY DYNAMICS
5. IO-LINK MARKET - GLOBAL MARKET ANALYSIS
6. IO-LINK MARKET REVENUE AND FORECASTS TO 2027 - COMPONENT
7. IO-LINK MARKET REVENUE AND FORECASTS TO 2027 - APPLICATION
8. IO-LINK MARKET REVENUE AND FORECASTS TO 2027 - INDUSTRY
9. IO-LINK MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. COMPETITIVE LANDSCAPE
12. IO-LINK MARKET, KEY COMPANY PROFILES

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights

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